FirstWave Capital Management LLC

MIAMI, FL · CIK 2093108 · 13F filing filed 2026-08-12

Exempt reporting adviser since 2026 · limited liability company

Private funds1 (1 hedge) · $114.0m gross assets
Websitefirstwavefund.com
Form ADV · 2026-01-08SEC adviser record

Legal entityFIRSTWAVE CAPITAL MANAGEMENT, LLC (US)

Kindhedge funds
Others nearbyMiami, FL

As an employer

Offices in1 country
Private fundshedge 1

US visa salary filings

Filings FY20262
Median salary offered$182,500
Middle half$148,750 – $216,250
Job titles2

Job title	Filings	Median	Range
Senior Equity AnalystMiami, FL	1	$250,000	$250,000 – $300,000
Investor Relations AssociateMiami, FL	1	$115,000	$115,000 – $160,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: FirstWave Capital Management LLC.

$226.4m reported value +141.6% vs Q1 2026

62positions

47.1%in top 10

41 new 17 added 4 reduced 5 sold out vs Q1 2026

Options: 0 call positions (— notional), 1 put positions ($154.1k notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	REDDIT INC CL A RDDT	RDDT	77,389	$13.4m5.93%	5.93%	Added +23.4k	+23,356 43.2%
2	APPLOVIN CORP COM CL A APP	APP	25,426	$13.1m5.79%	5.79%	Added +5.6k	+5,553 27.9%
3	TRANSMEDICS GROUP INC COM TMDX	TMDX	191,240	$12.7m5.61%	5.61%	Added +67.0k	+66,972 53.9%
4	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	44,645	$12.3m5.45%	5.45%	Reduced -44.8k	-44,754 -50.1%
5	HIMS & HERS HEALTH INC COM CL A HIMS	HIMS	339,978	$11.8m5.21%	5.21%	Added +79.7k	+79,731 30.6%
6	CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES CRDO	CRDO	40,819	$11.1m4.90%	4.90%	Reduced -7.8k	-7,843 -16.1%
7	HARROW INC COM HROW	HROW	211,981	$9.0m3.98%	3.98%	Added +68.1k	+68,058 47.3%
8	APPLIED OPTOELECTRONICS INC COM AAOI	AAOI	58,277	$8.6m3.81%	3.81%	Added +38.8k	+38,823 199.6%
9	MERCADOLIBRE INC COM MELI	MELI	4,448	$7.5m3.33%	3.33%	Added +1.8k	+1,821 69.3%
10	NU HLDGS LTD ORD SHS CL A NU	NU	518,327	$6.9m3.06%	3.06%	Added +228.6k	+228,575 78.9%
11	IREN LIMITED ORDINARY SHARES IREN	IREN	123,456	$5.6m2.49%	2.49%	Added +4.8k	+4,842 4.1%
12	MICRON TECHNOLOGY INC COM MU	MU	4,612	$5.3m2.35%	2.35%	Added +1.5k	+1,509 48.6%
13	ASTERA LABS INC COM ALAB	ALAB	10,953	$5.3m2.34%	2.34%	Reduced -16.3k	-16,337 -59.9%
14	FORGENT POWER SOLUTIONS INC COM SHS CL A FPS	FPS	77,617	$4.3m1.91%	1.91%	New
15	SEA LTD SPONSORD ADS SE	SE	45,120	$4.3m1.91%	1.91%	Added +7.4k	+7,369 19.5%
16	ROUNDHILL ETF TRUST MEMORY ETF DRAM	DRAM	49,852	$3.7m1.63%	1.63%	New
17	SHARONAI HOLDINGS INC COM CL A SHAZ	SHAZ	41,694	$3.5m1.56%	1.56%	New
18	MP MATERIALS CORP COM CL A MP	MP	61,473	$3.4m1.52%	1.52%	Added +11.8k	+11,820 23.8%
19	BOOST RUN INC ORD SHS CL A BRUN	BRUN	88,631	$3.4m1.52%	1.52%	New
20	ZETA GLOBAL HOLDINGS CORP CL A ZETA	ZETA	168,692	$3.3m1.47%	1.47%	New
21	PROCEPT BIOROBOTICS CORP COM PRCT	PRCT	144,408	$3.3m1.44%	1.44%	Added +64.1k	+64,069 79.8%
22	OUSTER INC COM NEW OUST	OUST	46,043	$2.9m1.27%	1.27%	New
23	NVIDIA CORPORATION COM NVDA	NVDA	13,965	$2.8m1.23%	1.23%	New
24	ONDAS INC COM NEW ONDS	ONDS	330,115	$2.7m1.20%	1.20%	Added +171.0k	+171,021 107.5%
25	RUBRIK INC. CL A RBRK	RBRK	33,807	$2.7m1.20%	1.20%	New
26	AXON ENTERPRISE INC COM AXON	AXON	4,528	$2.5m1.12%	1.12%	New
27	BLOOM ENERGY CORP COM CL A BE	BE	8,340	$2.5m1.11%	1.11%	New
28	CIPHER MINING INC COM CIFR	CIFR	98,381	$2.4m1.06%	1.06%	New
29	LUMENTUM HLDGS INC COM LITE	LITE	2,737	$2.3m1.04%	1.04%	Added +1.3k	+1,326 94.0%
30	COREWEAVE INC COM CL A CRWV	CRWV	23,373	$2.3m1.03%	1.03%	New
31	PLANET LABS PBC COM CL A PL	PL	65,849	$2.2m0.96%	0.96%	New
32	MONGODB INC CL A MDB	MDB	6,347	$2.1m0.94%	0.94%	New
33	COHERENT CORP COM COHR	COHR	5,304	$2.1m0.92%	0.92%	Added +1.6k	+1,586 42.7%
34	DATADOG INC CL A COM DDOG	DDOG	7,985	$2.1m0.92%	0.92%	New
35	CLEARPOINT NEURO INC COM CLPT	CLPT	115,600	$2.1m0.91%	0.91%	Added +19.8k	+19,760 20.6%
36	ADVANCED MICRO DEVICES INC COM AMD	AMD	3,481	$2.0m0.89%	0.89%	New
37	AST SPACEMOBILE INC COM CL A ASTS	ASTS	21,895	$1.9m0.86%	0.86%	New
38	ZSCALER INC COM ZS	ZS	13,351	$1.9m0.83%	0.83%	New
39	ROCKET LAB CORP COM RKLB	RKLB	18,492	$1.9m0.83%	0.83%	New
40	CORNING INC COM GLW	GLW	7,133	$1.8m0.80%	0.80%	New
41	MGM RESORTS INTERNATIONAL COM MGM	MGM	38,002	$1.8m0.80%	0.80%	New
42	INTEL CORP COM INTC	INTC	12,950	$1.8m0.80%	0.80%	New
43	FLUENCE ENERGY INC COM CL A FLNC	FLNC	88,375	$1.8m0.78%	0.78%	New
44	DESTINY TECH100 INC COM SHS DXYZ	DXYZ	67,104	$1.7m0.76%	0.76%	New
45	LIGHTPATH TECHNOLOGIES INC COM CL A LPTH	LPTH	103,995	$1.7m0.75%	0.75%	New
46	NEW ERA ENERGY & DIGITAL INC COM NUAI	NUAI	252,068	$1.6m0.71%	0.71%	New
47	LENNAR CORP CL A LEN	LEN	16,368	$1.5m0.65%	0.65%	New
48	KEEL INFRASTRUCTURE CORP COM SHS KEEL	KEEL	257,503	$1.5m0.65%	0.65%	New
49	QUALCOMM INC COM QCOM	QCOM	7,900	$1.5m0.64%	0.64%	New
50	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	5,162	$1.5m0.64%	0.64%	New
51	HARMONIC INC COM HLIT	HLIT	84,874	$1.4m0.61%	0.61%	New
52	COUPANG INC CL A CPNG	CPNG	79,317	$1.4m0.61%	0.61%	Reduced -201.1k	-201,118 -71.7%
53	FASTLY INC CL A FSLY	FSLY	73,227	$1.3m0.59%	0.59%	New
54	LISTED FDS TR ROUNDHILL MAGNIF MAGS	MAGS	20,000	$1.3m0.57%	0.57%	New
55	GALAXY DIGITAL INC. CL A GLXY	GLXY	46,152	$1.3m0.56%	0.56%	New
56	ALPHATEC HLDGS INC COM NEW ATEC	ATEC	143,851	$1.2m0.55%	0.55%	New
57	TWILIO INC CL A TWLO	TWLO	6,025	$1.2m0.55%	0.55%	New
58	BUTTERFLY NETWORK INC COM CL A BFLY	BFLY	145,398	$1.2m0.54%	0.54%	New
59	CHURCHILL CAP CORP XI CL A ORD SHS CCXI	CCXI	63,781	$1.1m0.49%	0.49%	New
60	CLEANSPARK INC COM NEW CLSK	CLSK	74,622	$1.1m0.48%	0.48%	New
61	BLUE MOON METALS INC COM BMM	BMM	168,555	$1.1m0.48%	0.48%	New
62	CAMECO CORP COM CCJ	CCJ	9,593	$977.1k0.43%	0.43%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ON HLDG AG ONON	ONON	58,726	$2.0m58.7k shares
ROBINHOOD MKTS INC HOOD	HOOD	22,572	$1.6m22.6k shares
CELSIUS HLDGS INC CELH	CELH	32,934	$1.2m32.9k shares
SOFI TECHNOLOGIES INC SOFI	SOFI	55,835	$886.7k55.8k shares
CIRCLE INTERNET GROUP INC CRCL	CRCL	8,075	$770.4k8.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR MTUM · Put	MTUM	Put	42,500	$154.1k42.5k shares	New